Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the international financial centers, the Hong Kong forex market is characterized by active trading, sound regulations, and high market transparency. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong, China.

Process

This period, the team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker JinDao. According to public information, its office address is 28/F, Tower 2, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct an on-site verification of the broker JinDao, which claimed to be located on the 28th floor of Tower 2, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong.

The team successfully arrived at Tower 2 of Harbour City. The location is in Tsim Sha Tsui, Kowloon, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for JinDao was found on the exterior of the building.

The team entered the building lobby and stated their purpose to security. After communication, they obtained entry permission. On the internal directory board of the building, there was no information about this company.

Upon reaching the target floor, the 28th floor, the team found no obvious signage for JinDao in the office area. The entire floor belonged to AIA Insurance Company, with no information about JinDao whatsoever. As there was no office area for this broker, the team could not enter the premises. They were unable to photograph JinDao's reception desk, and the floor was not a shared office space.

Looking through the corridor on the floor, the team could not observe the internal environment of JinDao's company. The overall situation did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker JinDao does not exist at the aforementioned address.

Conclusion

The team visited the forex broker JinDao at its publicly displayed business address in Hong Kong, China, as planned, but was unable to see the company name or other information of the broker at the location, indicating that the broker does not have a genuine physical business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for decision-making.